67 Smt Ave Summit, NJ 07901-3689
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Princeton Bank & Trust Co Bank Loan Service
CRBD, complement and protect the adjacent residential neighborhoods, provide housing, including affordable housing, in proximity to public transportation and serve as an attractive gateway to the downtown. B. Permitted uses. 1. Principal uses. a. Townhouses. b. Apartments. c. Condominiums. d. Offices. e. Public parks. f. Mixed-use buildings office and reside…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CRBD · Summit, NJCRBD, complement and protect the adjacent residential neighborhoods, provide housing, including affordable housing, in proximity to public transportation and serve as an attractive gateway to the downtown. B. Permitted uses. 1. Principal uses. a. Townhouses. b. Apartments. c. Condominiums. d. Offices. e. Public parks. f. Mixed-use buildings office and residential. 2. Accessory uses. a. Parking structures shall be considered an accessory use. "Parking structures" are defined as ramp access structures either above or below grade specifically designed to accommodate vehicle parking. b. For office uses, no eating facilities selling prepared food or drinks shall be permitted. c. Health clubs, limited to the basement area of the Deforest Building. 3. Conditional uses: a. None. C. Supplementary requirements. 1. No medical uses shall be permitted. 2. A Comprehensive Plan for the entire site must be submitted. 3. Any existing or new building which fronts on DeForest Avenue may contain a mix of office and/or residential uses. Only residential uses shall be permitted on the remaining portion of the zone. 4. All proposed work shall be in accordance with the design requirements set forth in the Development Regulations Ordinance and consistent with the Development Design Guidelines in the Appendix of this chapter, [1] which are illustrative of the design requirements. [1]
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.